164.60 is major resistance of exxaro, yesterday it broke out EMA50 and EMA20 , and today took support of EMA 20 facing resistance at 153.40, if brake that can see a quick momentum in coming few days and can reach 164 level easily as its 1st target.
1792 would be an important level for infy to breakout, continuously 3 days it tried t break that level, once its broken and infy takes support of that level , can see a good rally in it. however on down side can seek its 1st support at 1763 and then 1729 if unable to break.
It was moving downwards relatively as per Fib retracement, however today it took reversal from its bottom, but to get power it needs to close above EMA20, may see 1st target upwards around 325, in case it breakdown due to market movement may seek support on trendline from 16th aug 2021
About to break Dec2017- Jan2018 level, need to close above 12030- 12050 on at least weekly chart, good to go will be if closes above its level 12030 on monthly chart too, can seek its immediate support at 11083 if falls in order to bounce back.
Bank nifty moved downwards since oct last , however now it has reached to its support level of Jan 2008 - 38185, if we check Daily chart today bank nifty took support of the same and made a green candle, seeking upward trend now, however tomorrow is weekly expiry so need to observe tomorrow's data too, next immediate support can be 37708.
17583-17610 have been a support since Nifty50 touched it and bounced back, can see a pattern as nifty is slowly moving upwards within a channel, Friday or next week will be interesting to observe once nifty break 18162 and convert that into support in following weeks.
It was perfectly moving within a channel as per chart now it had a breakout of trendline 10May21, Now perfect entry would be when it retests it level from trendline of May21, and bounce back earlier 29 Oct could be the first entry when candle took support of 1026, second entry could be 11onv day end or 12 nov when broken its level of 1217 on 11 nov and retested the same.
Currently taking support of EMA50, but for a rally need to close above EMA20, as seen in chart it taking support of trendline from Nov20, also 891.45 working great as support, can reach easily to 978 once 950 is crossed.
792 gonna be a great support, can see a quick momentum if it breaks its all time high - 860, RSI at 63 which is a good sign, already broke its first level 825, need to close above it. seeking target of 950-970 after closing above 860.
after long sideways journey fromJul2016 - Jun2021, 746 as support it leveled up it support to 1373, which was its resistance earlier, now its on edge of its resistance level of 2007-2008 level - 1937 , not gonna be easy to break, currently 1684 is its support, since power sector is shining can put a radar on monthly closing above 1940 can be a good buy for a quick...
Currently above EMA20, can see a short gain target of 246, if it breaks 246, 256 gonna be its 2nd target, today 238 is working as resistance, but since it broke trendline of may19, can see a quick momentum upwards.